Business of law

Most law firms don’t make as much effort to teach summer associates the financial basics of the legal business as they should.But understanding the business realities that underlie their jobs helps summer associates succeed and potentially win offers of permanent employment, points out Regina Robbins, professional recruitment manager for Heller Ehrman, in the New York Law Journal. And getting an offer is harder than it used to be because of the slowing economy, she notes.A RULER acronym can help summer associates remember the basics: rates, utilization, leverage, expenses and realization, says Robbins, who provides a definition of each term in her article. Focusing on the law firm’s finances, and that they need to work to contribute to the bottom line, should help summer associates understand the need to, for example, proactively seek assignments and accept constructive criticism graciously.“How can you make yourself a valuable member of the team early and ensure your … [Read more...] about Understanding Business of Law Helps Summer Associates

Bloomberg BNA has launched a new website dedicated to covering important issues and news relating to the business of law.Bloomberg BNA’s Big Law Business site, which went live on Thursday morning, will focus on the Am Law 200 law firms and the companies that they represent. The site, which Bloomberg BNA describes as an online community for law firm leaders and in-house counsel, will be run by a full-time editorial team that will break news and generate content designed to help firms stay on top of the latest trends in law firm management, technology and finance. The site will also consist of content from law firm executives, general counsel, recruiters, consultants and other thought leaders in the legal industry in the form of white papers, video interviews, blogs and podcasts.Scott Mozarsky, president of cross platform business at Bloomberg BNA, says that he hopes Big Law Business will add value while allowing law firms to function more efficiently. He says that, in speaking … [Read more...] about Bloomberg BNA unveils new business of law website

ABA Journal in May. Someone suggested the Las Vegas gathering looked like a poker game, but the intention was a discussion of a very different kind of gambling—the risks they've taken in beginning legal businesses outside the traditional law firm and the bets they've placed on the future of the legal industry.The participants were Mark Britton, founder and CEO of Avvo, a listing and rating site that connects lawyers to potential clients; Michelle Crosby, co-founder and CEO of Wevorce, a tech-based, mediation-style approach to divorce law; Daniel Lewis of Ravel Law, a legal research service built on visualization; Kingsley Martin, whose KM Standards can create, audit or review legal contracts; and Jack Newton, CEO and founder of Clio, which provides cloud-based legal practice management software.The group acknowledged there is no such thing as a new legal services community, mainly because they are all busy keeping their own enterprises going. But respect and interest infused … [Read more...] about Roundtable on change and challenge in the business of law

Gujarat National Law University (GNLU) ​Centre for Law and Economics (GCLE) is going to conduct ADVANCED CERTIFICATE COURSE ON PRINCIPLES OF LAW AND ECONOMICS APPLIED TO CONSTRUCTION CONTRACTS :: 11– 15 JANUARY, 2016.​The Centre for Law & Economics is a centre of excellence for cutting-age research and training in the discipline of Law & Economics (also referred as the Economic Analysis of Law). Centre will begin its Activity with new area of research i.e.​ Economic analysis of contract Law with a case study of ‘The contract for the construction of bridges between Denmark and Sweden’.About the Course and its Objective: The objective behind this course is that​ Corporations are increasingly involved in devising contracts and contract relationships that can enable the best possible cooperation between the parties. This requires an understanding of … [Read more...] about GNLU to conduct ‘Advanced Certificate Course on Principles of Law and Economics Applied to Construction Contracts’

GNLU Indian Business & Commercial Laws Academy (GIBCLA) is offering its -summer course on ‘Indian Business & Commercial Laws’ for GIBCLA Summer School 2016. GIBCLA Summer School 2016 will provide a unique opportunity for young and dynamic students of different nationalities to intellectually explore the Indian legal business-commercial environment and experience cultural enrichment through an intensive three weeks academic course. Course Structure:IBCL course is a full-time, intensive programme, consisting of 45 contact hours over the three-week period, generally taking the form of 36 hours of lectures and 9 hours of tutorials. Due to the intensive nature of the course, students are expected to spend full day on campus. Lectures will be delivered by GNLU Faculty or by any other resource person who may be designated by the University to take lectures, each day for 5 working days a week. In addition to faculty led classes, students are recommended to spend 2-3 … [Read more...] about GNLU Indian Business & Commercial Laws Academy Summer School 2016

About the Workshop: The one day seminar on Establishing Start-ups in the domain of Law aims to provide fundamental understanding towards startup ventures, ventures especially in the domain of law, writing business proposals and successful administration of ventures. This Programme will foster discussion on practical issues underpinning the theory. It will provide an opportunity to hone up critical understanding, insight and skills that are essential for establishing start- ups mainly in the domain of law. The programme includes comprehensive understanding and experience sharing for start-ups for successful implementation and execution of the same in line with the opportunities available.The seminar includes facilitated discussions, experiential learning and analysis of case studies for increased understanding. Focus Areas of the Seminar: What is Entrepreneurship? Understanding legal startup venture. Writing business proposals and Administration of startup venture. … [Read more...] about GNLU’s Seminar On Establishing Start-Ups In The Domain Of Law

GNLU Centre for Business and Public Policy (GCBPP) is organizing COMPETITION ON START-UP VENTURES IN THE DOMAIN OF LAW On 18th February, 2017.The Objective: To transform a vision into a venture. The Competition: Among Students and GNLU Alumni.The Process: Through presentation of a Business Plan.The Jury: A galaxy of Academics, Professionals &Venture Capitalists.The Rewards: Cash Prizes, Mentions and Mentoring.Contents of the Plan: The plan must contain the following: General Background:Composition of the Team (Name, Name of Institution, Course enrolled or completed, Educational Qualification, Work experience) Is there support or mentorship from any adviser? Please specify. Business Proposition The business IDEA· The product/service· Uniqueness of the product/service· The WOW about the product!·Marketing StrategyThe market segmentation or target market The positioning strategy Estimated size and value of the target market The … [Read more...] about GNLU’s Competition On Start-Up Ventures In The Domain Of Law

Sidney Cardoso and Bernard Fernandes, representing V M Salgaocar College of Law (VMSCL), Miramar, finished runners-up at the 12th ICC (International Chamber of Commerce) Mediation Competition, in Paris, making their way past 63 other teams, representing the top law universities in the world.The duo took on the College of Law and Business, Ramat Gan, Israel, in the final round of the event, eventually finishing second best. Cardoso hails from Salvador do Mundo, while Fernandes is a resident of Socorro.The highest position any Indian team has ever finished was in the inaugural edition of the competition, when National Law School of India University (NLSIU), Bangalore, finished third. This is also the first year ever that three Indian teams – National Law University, Bhoapl and NLSIU, Bangalore, being the other two – made it to the Top 16 club at the ICC.Speaking to TOI, Andrew Goodman, a barrister and mediator from UK, who recently launched a book on ‘mediation … [Read more...] about V M Salgaocar College of Law secures Silver at 12th ICC Mediation Competition

International Journal of Law and Management Studies (IJLMS) invite Articles, Research Papers, Case Comments & Case Studies.IJLMS bearing the ISSN Number 2455-2771 is a peer-reviewed bi-monthly journal which revolves around the issues relating to the wide spheres of law and management and the close nexus between the two. It is an open-access, online journal for enhancement of research. It aims to provide a highly readable and valuable addition to the literature which will serve as an indispensable reference tool for years to come. The coverage of the journal includes all new theoretical and experimental findings in the fields of law. The journal also encourages the submission of critical review articles covering advances in recent research. Scope of the JournalThe scope of the Journal shall extend to all such areas and laws which directly and indirectly have a nexus with management and related issues and which connect to the society and nation at large. The journals’ … [Read more...] about Call for Papers: International Journal of Law and Management Studies (IJLMS)

Prof. Dr. V Balakista Reddy has been appointed as the next Registrar of NALSAR University of Law, Hyderabad. Prof. Dr. Reddy is the successor of Prof. Dr. Vijender Kumar, who has recently been appointed as the Vice-Chancellor of NLUJAA. Prof. Dr. Reddy took charge and assumed his duties as Registrar on October 18th, 2014.An internationally recognized expert in Air and Space Law, International Law, SAARC Law and also pioneer of International Trade and Business law Prof. (Dr.) V. Balakista Reddy obtained his Masters in Law (LL.M) in International Law from Osmania University, Hyderabad, M. Phil. and Ph.D. in International Air and Space Law from Jawaharlal Nehru University (JNU), New Delhi. Having more than 14 years of Teaching and Research experience his contribution to the International legal regime is unmatchable.He is a prolific and eminent writer and authored and edited many books in the sphere of aviation and space laws. His books like, “Air Law and Policy in India” … [Read more...] about Prof. Dr. V Balakista Reddy appointed as Registrar of NALSAR University of Law, Hyderabad